As for me and my house, we will serve the Lord, Joshua 24:15

A home is the seed from which the plant of life grows and branches out into relationships, children and happy memories.

A house whose walls are joined by trust, smothered with love and sealed by the promise to always care for each other needs no other decoration.

Knowing that you have a beautiful home to go back to, makes the busiest of days at work seem effortless.

The difference between renting and buying is the difference between a house and a home.

Home is a word that symbolizes love, trust, progress, memories and relationships.

The walls of a rented place make you feel safe while the walls of your own home make you feel secure.

A home is where you can be yourself and live out all your idiosyncrasies without being judged.

Every brick and piece of plywood represents every moment of struggle and hard work in one's life it took to build a new home.

A home is the only place where the heart, mind, body and soul can all find peace.

As for me and my house, we will serve the Lord, Joshua 24:15


Allow me to be a Team Player in the biggest game of your life. I want to be your assistant Coach, put me in the game!! If you're looking to buy a home, I am the BEST Shopper, "Buyer's Agent" you could ever ask for. If you are selling your home, I will get you top dollar and in the quickest time.

Please consider my Real Estate Consulting Services next time, and every time, you are in the market to buy and/or sell. Kimberly E. Kinard, CAL BRE # 01945592. Tarbell, Realtors. 27548 Ynez Road, Suite I-5, Temecula Valley, CA. 92591.
951-764-1855 Cell
951-695-5026 Fax
kimberknowstemecularealty@gmail.com for Direct Contact

or

kimberknowstemecularealty@live.com for Contest Information/Reply

or

Follow me:

Kimber Kinard, Realty (Twitter and Facebook)

"People over Profit"

Recently Sold Homes in Paloma Del Sol, 92592

Address	Distance	Property Type	Sold price	Sold date	Bed	Bath	Sqft
32023 Calle Espinosa, Temecula CA	0.03	Single-Family Home	$240,000	03/28/13	3	2	1,300
31988 Calle Espinosa, Temecula CA	0.04	Single-Family Home	$257,000	06/20/13	3	2.5	1,508
31987 Corte Avalina, Temecula CA	0.06	Single-Family Home	$297,000	10/29/13	3	2.5	1,508
43012 Calle Jeminez, Temecula CA	0.11	Single-Family Home	$245,000	05/09/13	3	2.5	1,508
42999 Corte Colucci, Temecula CA	0.11	Single-Family Home	$283,000	10/16/13	3	2.5	1,383
43070 Corte Salamanca, Temecula CA	0.12	Single-Family Home	$295,000	10/23/13	3	2	1,300
43039 Calle Jeminez, Temecula CA	0.14	Single-Family Home	$295,000	03/14/13	3	2.5	1,508
42977 Calle Jeminez, Temecula CA	0.14	Single-Family Home	$245,000	03/15/13	3	2.5	1,508
32040 Camino Herencia, Temecula CA	0.15	Single-Family Home	$320,000	08/19/13	4	3	2,092
42873 Via Alhama, Temecula CA	0.17	Single-Family Home	$400,000	09/10/13	4	2.5	2,708

Tis The Season....to be Merry and Bright....Bainbridge Circle

Bainbridge Circle, Murrieta CA

Bainbridge Circle, Murrieta, CA - Christmas Lights - YouTube

By Dan Baldwin, Editor

Check Out an Amazing Musical Christmas Light Show on Bainbridge Circle in Murrieta, It Rivals Disneyland!

A couple nights before Christmas Nancy says, "Hey, the neighbors invited us to this cool holiday light display down in Murrieta, lets go!"
Trying to be a good husband I say (to myself), "OK, how bad could this be?"
Well the traffic trying to get to Bainbridge Circle in Murrieta was pretty insane.
If you want to do this yourself do what we did, park a couple blocks away and then walk in.
Anyway, I was expecting something kinda cheesy like you see in the movies but I was totally amazed. It was like something you'd see in Disneyland. Hard to believe it's all put on by volunteer neighbors every year between Thanksgiving and New years.
To all you Bainbridge Circle neighbors that put this on, "Thank you very much!"

At Bainbridge Falls, located at Bainbridge Circle in Murrieta, visitors are asked to tune their radios to 88.5FM where the Christmas tunes are synchronized to the animated light displays.

Gordon Macpherson and his wife Kathie’s amazing light display located at 29814 Marhill Circle in Temecula won second place in the City of Temecula’s Christmas Light Contest for the Griswold style category. Since 1989, the Macpherson’s have been showing off their great display for the community. Hand cut, carved, and painted decorations cover their entire home. A glass display of Santa’s workshop and an estimated 25,000 lights make this masterpiece unique. Regarding the visitors who come to see his display, Gordon Macpherson says, “Just seeing people’s smiling faces makes it all worth while.” Visitors are welcome in the backyard where more decorations can be seen. The Macpherson’s neighbors also join in on the decorating. Visitors who come by will see a group of Christmas trees in the backyard that were decorated by their neighbors and named by those who did the decorating during a holiday get-together at their home. From now through Christmas, families are encouraged to drop by and see this display where Santa may be present to greet visitors.

Valley News

Dec 2013 Newsletter "Kimber's Community Column"

Enter to win a "Sandwich Platter" for Super Bowl Sunday

Super Bowl is February 2, 2014…

Enter to win a “Sandwich Platter”

Valued at $40.00, custom made by the artisans at Benny’s Place, 30590 Rancho California Road, Temecula CA. 92591 (951)694-1777.  Delivery available on Super Bowl Sunday by 11 a.m., photo opportunity (must live/be delivered within Temecula Proper limits 92590, 92591, 92592).

Email: kimberknowstemecularealty@live.com (subject line: Super Bowl 2014) with the following information:

Name, Address, and Favorite Team. Answer Quiz question for a chance to win 2(two) full size bag of chips on game day. Entry deadline is January 20, 2014 5p.m. Winner will be picked at random from qualified entries.

 

Quiz Question: When was the first 2 point conversion allowed/used????

Paloma Del Sol Real Estate News and Information….

The median sales price for homes in Temecula CA for Jul 13 to Oct 13 was $362,500. This represents a decline of 0.7%, or $2,500, compared to the prior quarter and an increase of 24.6% compared to the prior year. Sales prices have appreciated 17.7% over the last 5 years in Temecula. The average listing price for Temecula homes for sale on Trulia was $565,468 for the week ending Oct 23, which represents an increase of 0.4%, or $2,507, compared to the prior week and a decline of 2.5%, or $14,737, compared to the week ending Oct 02. Average price per square foot for Temecula CA was $175, an increase of 30.6% compared to the same period last year. Some of your Neighbors sold their homes. Average sales last 60 days:

*31987 Corte Avalina, Temecula, CA            **Sold on October 29, 2013               ** (3br/2.5ba, 1508sqft) $297,000.

*43070 Corte Salamanca, Temecula, CA       **Sold on October 23, 2013               ** (3br/2ba, 1300sqft) $273,000.

*31980 Corte Albano, Temecula, CA                        ** Sold on October 1, 2013               ** (3br/2.5ba, 1383sqft) $300,000.

*43125 Corte Landeros, Temecula, CA         ** Sold on November 13, 2013          ** (3br/2.5ba, 1339sqft) $303,000.

*43455 Corte Almeria, Temecula, CA           **Sold on September 30, 2013           ** (4br/3ba, 1,525sqft) $318,000.

*31986 Calle Novelda, Temecula CA            ** Sold on November 6, 2013            **(4br/2.5ba, 1307sqft) $260,000.

Hello fellow Paloma Del Sol residents!! Look forward to my newsletter every month between the 5^th and the 20^th of every month. You’ll see me (and my kids and dog) walking the streets, meeting and greeting and passing out my information packed, fun, contest driven, newsletter, titled “Kimber’s Community Column”. I am hoping to get a chance to meet with everyone in my neighborhood (If I don’t already know you through community activities, school functions, or passing by while walking through the parks) I look forward to getting to know everyoneJ

Coming Soon!

In my March Newsletter, I’d like to incorporate a “Neighborhood Resource” section. This area will be dedicated to the *Paloma Residents Only* and will include service providers who live right here in Paloma Del Sol, who are Contractors, Babysitters, Lawnmowers, Car Washers, Scrap Bookers, Avon Reps, Dog  Walkers, etc. If you provide a service or are seeking a service, please contact me at kimberknowstemecularealty@gmail.com and I will put it in my March Newsletter and also put it on my blog http://kimberknowstemecularealty.blogspot.com/. Also if you “Like” my page on Facebook “Kimber Kinard, Realty” and fellow residences can locate you there.

 

I will also be putting Contest Winner’s Name, Prize and Picture on future newsletter editions (and blog) and posting the answers to the “Quiz’s” online as well.

 

Please consider me and my wonderful team at Tarbell, Realtors (Temecula Office) for any future Real Estate needs you may have. I am really interested in working with “out of state” buyers (Military Relocations, Seniors, Downsizing) and helping homeowners get the best service while selling their homes, right here in the Wonderful Temecula Valley and in our beautiful Paloma Del Sol neighborhood.

 

Also, if you’re considering purchasing a home or selling your residence, the list below is a great Starting Point of service providers to make your experience as smooth as possible:

 

Banc (Mortgage Loans and Financing), David Medina, 951- (951) 676-3096 27727 Jefferson Ave. Suite 105, Temecula, CA 92590

Landwood Title, 1403 N. Tustin Ave., Suite 300, Santa Ana, CA 92795 Main Office 800-640-8485 Fax 714-835-4070

Old Republic Home Warranty, Kathy or Nikki  Ph: 800-282-7131, ext 1169 or email Kathy@orhp.com

Hartford Escrow, 41463 Margarita Rd, Temecula, CA 92591, (951) 587-2474

 

October is Breast Cancer Month: Starting in July 2014 I will start a Susan G. Komen “Race for the Cure” Team that will compete for both money and ranking in the October race at Promenade Temecula Mall. Throughout my newsletters you will be kept abreast of all entry, fundraising and team formation information. Please keep this in mind if you choose to celebrate “National Breast Cancer Awareness Month”. My team, “Jogs for Jugs” will be THE team to join and support.

 

“Jogs for Jugs” was founded in 2013, by Kimber Kinard, Real Estate Agent for Temecula Valley, CA. Join me, throughout the year, and especially in October 2014, to raise funds and race in my team. For those who are unable to race , please consider supporting “Sleep in for the Cure” and donate.

More information can be found on my blog:

 

http://kimberknowstemecularealty.blogspot.com/

 



Temecula Real Estate Trends & Statistics

Temecula Real Estate Trends & Statistics

http://www.movoto.com/statistics/ca/temecula.htm

Inventory: 428Inventory: 399Inventory: 29Recently Sold: 182Recently Sold: 175Recently Sold: 16New Listings: 133New Listings: 114New Listings: 19Distressed: 5 Distressed: 5 Distressed: 14

Temecula's home resale inventories decreased, with a 9 percent decrease since November 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in December. The median listing price in Temecula went down from November to December. There were a total of 25 price increases and 126 price decreases.

 

 

HOME PRICES: Fast-pitch in prices begins wind-down

HOME PRICES: Fast-pitch in prices begins wind-down

The fast pitch on home prices that was thrown for most of the year is winding down, a new report from the real estate reporting service CoreLogic found.
The October report by the Irvine-based firm says prices on all homes — including distressed property — rose by two-tenths of 1 percent in October from the month before, with year-to-year prices making a gain of 12.5 percent. That has the chief economist Mark Fleming projecting that November prices will flatten out.
Fleming is expecting about an 11 percent gain in home price from November 2012.
“House price appreciation has slowed, as expected for the winter,” Fleming said Tuesday, Dec. 3. “The slowdown in price appreciation is positive for the housing market, as almost half the states are now within 10 percent of their respective historical price peaks.”
Anand Nallathambi, chief executive of CoreLogic, said the deceleration in prices on a month-on-month basis was expected because the pricing gains were particularly strong in the spring and summer. The moderation is also indicative of normal seasonal patterns, and the impact higher mortgage interest rates have had on consumers, he said.
How did the Inland region fare in September, compared to the nation as a whole?
The Riverside-San Bernardino-Ontario region’s had the highest home price appreciation among its metropolitan counterparts, posting a 24.1 percent jump in price on all homes, including properties in distress. That’s a bigger percentage jump than the state of California, measuring a 22.4 percent gain in prices from October 2012.
Coming in second on the price appreciation scale was Los Angeles-Long Beach, posting a 22.1 percent increase from October 2012.


December 3, 2013 by Debra Gruszecki

Staging Tips for Selling During the Holidays

Staging your home for the Holidays....

It’s the time of year that calendars are packed with holiday parties, budgets are strained by gift-giving and the roads are covered in freshly fallen snow. Alas, 'tis not the season for real estate. But the good news is that the few brave house-hunters who do venture out are serious about buying a house and stylish trimmings will make them want to ring in the new year in your home.

“Holidays can be personal on a lot of levels, but you want to make sure your decor is neutral,” advises Amy Powers, owner of Accent Home Staging & Interiors of Atlanta. “You want to romance your buyer, not invite them to your Christmas party.”
Try these tips to get buyers in the right spirit:

• Clean and stage. “Before you decorate, your house needs to be staged,” Powers says. If your living room is already piled high with clutter and tchotchkes, your ceramic reindeer collection is only going to add to the sense of overcrowding.
• Create a cozy vibe. The less-is-more mantra of home staging may tempt you to forgo holiday cheer this year. But a few subtle touches like a bowl of pinecones, an evergreen wreath, or a pot of cider simmering on the stove can create a warm and festive feeling in your home.
• Complement your palette. Before you start untangling your tinsel, make sure your holiday collection matches your current decor. If your living room is painted a soothing ocean-blue hue, skip the clashing red garland and opt for white snowflakes or a silver glass-ball wreath. If you’ve got an earthy color scheme, accent with rich tones like cranberries, forest greens and gold.
• Accentuate the positive. Too many trimmings may distract buyers, but the right accessories can draw attention to your home’s best features. Dangle mistletoe in an arched doorway, or display your menorah on the ledge of a bay window; just don’t block a beautiful view with stick-on snowflake decals or clutter an elegant fireplace with personalized stockings.
• Go light on lights. Step away from the inflatable snowman, Clark Griswold. One man’s “merry” is another man’s “tacky,” so tone down any garish light displays while your home is on the market. (No, your neighbors didn’t pay us to say that.) Instead, use simple string lighting to play up your home’s architecture or draw attention to the gorgeous fir tree in your front yard.
• Be an equal-opportunity decorator. Leave the life-sized Nativity scene in storage this year, because overtly religious flourishes may be off-putting to some buyers. “You want to keep neutrality throughout, so you can attract any type of buyer,” Powers says. Not sure what qualifies? Powers adds, “No matter what your religion is, you’re not going to feel offended by a nutcracker.”
• Mind the tree. A tall Christmas tree can help you show off your two-story great room, but make sure the wide base won’t overwhelm the floor space. If your living area is on the small side, save space with a skinny tree. Swap the gaudy heirloom ornaments and trim your tree in a cohesive theme such as icicle lights and silver tinsel, for example, or blue and gold glass balls.
• Clear the clutter. A few decorations can stir the holiday spirit, but don’t feel obliged to hang every last ornament. “A lot of people, when they decorate, tend to use all the extra space in their house,” Powers says. “You still want each space to look as spacious as possible.” Limit yourself to a few hints of holiday flair, but stash the rest in the basement for now. If you start to miss your Santa figurines, just remember that with a little luck, you’ll be celebrating next year’s holidays in a new home. And you can decorate that place any way you please.

By Kara Wahlgren, FrontDoor.com

December 13, Friday....Winter Wonderland at Penny Pickle's

Penny Pickles, Old Town Temecula

WINTER WONDERLAND!
Friday, December 13, 5-8:30 p.m.Tickets for activities are $1 each. Figure out how many you will need here! (This link will open as a PDF. By the way... you can always purchase more tickets on the evening of the event.)
Pre-purchase tickets here so you won't have to wait in line!

http://www.pennypickles.org/

Magic Snow Show at Promenade Temecula

Magic Snow

Friday, December 6 7pm & 8pm

Celebrate the holidays with Magic Snow!

Show times begin at 7pm and 8pm.

 

http://www.promenadetemecula.com/event/magic-snow/2145428192

December 6th...Friday.....Christmas in Temecula, Parade....yippee!!

December 6, 2013, 7:00pm, Old Town Front Street

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A Snowman Spectacular is coming to Old Town! Floats, equestrians, bands and more will travel thru the twinkling lights of Old Town during the annual parade. All entries need to have lights and incorporate our parade theme, Snowman Spectacular.

Click the above link to see the parade route. (Or download the parade route with road closures HERE!)
(NOTE: Parade Viewing on Jefferson Ave. from Del Rio Road to Rancho California Road will only be available on the WEST SIDE of Jefferson. Northbound Jefferson Ave. will still be open and have incoming traffic.)

Santa and Christmas Tree Lighting at Pat and Oscar's on the Pond TONIGHT!:)

December 5, 2013, 7:00pm, Temecula Duck Pond

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Join us for a City of Temecula time honored tradition and kick off the holiday season at the 16^th annual Christmas Tree Lighting Ceremony. This is a wonderful evening of Christmas caroling by the Temecula Valley Children’s Chorus, a countdown to the Christmas tree lighting, holiday treats and a visit from Santa. A fun night for the whole family!

Look for my Newsletters COMING soon!

Good Afternoon everyone,

Starting Dec 15, 2013.....I will be in your neighborhood handing out my New "Kimber's Community Column" Newsletter, Edition 12 Volume 13. Inside each column you will find it packed with useful and interesting information:
Real Estate Trend's
"Just Listed's" and "Just Sold's"
Quizes
Contest's
Drawing Entry Forms for the kiddos
Holiday Information and Prizes
Loan and Lender information
Local Business Spotlight
 Current and Past Winner's of Contest's
Open Houses
Auction information
and my favorite section......Community Resources.

Let me explain further......If you or someone you know, wants to be listed here on my blog, and in my newsletter as a "Local" neighbor resource for various services (such as: scrapbooking, photography, electrician, landscaper, home designer, eBay seller, dog poop pickerupper, etc) Just send me and email and a bio and I will add you to the NEXT months newsletter, so your fellow "Neighbors" can contact you directly, rather than having to search outside sources for their every day needs. I'm hoping to bring the community closer by helping each other. Again, if you want to be added, just send me an email to kimberknowstemecularealty@gmail.com and a brief bio (licensing if necc., years experience, referrals, etc) and I will add you to the following months newsletter insert for YOUR fellow neighbors to contact you. I will also add the information to a blog labled "Paloma Resources" and keep it updated as quickly as possible.

I am looking forward to meeting you during my journeys through this wonderful neighborhood that I've called home for over 13 years. Can't wait to meet you all.

January Contest:

SuperBowl 2014, Sandwich Platter (retail value $30), deadline for entry is Jan 20, 2014 5PM PST and name will be picked at RANDOM on Jan 20, 2014 6PM PST. I will personally deliver Sandwich platter on SuperBowl Sunday (Temecula Proper Residents Only zip codes 92590, 92591, 92592). No replacements/exchanges/cash value.

Paseo Del Sol....Hello neighbor

Paseo Del Sol is a master planned community in South East Temecula, located just off the I-15 and Highway 79 South. The Paseo Del Sol community sits on 820 acres and is made of traditional California style single detached homes and numerous amenities. Paseo Del Sol is comprised of gorgeous homes spaciously situated throughout endless acres of well-maintained landscape. The Paseo Del Sol neighborhood offers numerous recreational activities for all to enjoy, from well-kept parks, open spaces, and volleyball courts, to the walking paths and equestrian trails. However, probably the most enticing amenity Paseo Del Sol has to offer is the 2500 square foot recreation center which includes a clubhouse, junior olympic size pool, wading pool, basketball courts and tennis courts. The Paseo Del Sol neighborhood is conveniently located near some of Temecula's best shopping centers. Also within a few short miles is Old Town Temecula, theaters, an 18 hole championship golf course, dining, and much more.

• Olympic size pool
• Lap pool
• 11 parks and tot lots
• Tennis court
• Volleyball court
• Basketball courts
• Walking trails
• 477 acres of open area
• Recreation Center

Abby Reinke Elementary School
343799 Sunny Meadows Drive
Temecula, CA 92592
Ph. 909-302-6621
http://www.greatschools.org/california/temecula/11811-Abby-Reinke-Elementary-School/?tab=reviews

Temecula Middle School
42075 Meadows Parkway
Temecula, CA 92592
Ph. 951-302-5151
Fax 951-302-5160
http://www.greatschools.org/california/temecula/4509-Temecula-Middle-School/

Temecula Valley High School
31555 Rancho Vista Road
Temecula, Ca 92592
Ph. 951-695-7300
Fax 951-695-7311
http://www.greatschools.org/california/temecula/4510-Temecula-Valley-High-School/

Paloma Del Sol

As a long time resident of this wonderful community, it shouldn't surprise you that I LOVE LOVE LOVE this subdivision.


The Paloma Del Sol community is a beautiful neighborhood located just off the I-15 and Rancho California Road. Paloma Del Sol is also accessible from Hwy 79. This lovely community is situated within Temecula's master plan, which means all of the Paloma Del Sol parks, restaurants, shopping, recreation centers and more are within miles for you to enjoy. Paloma Del Sol is made up of several different styles of homes ranging in sizes to accommodate everyone's needs. Paloma Del Sol is a well maintained community with beautiful homes and spectacular landscape throughout. With an abundance of trees, greenbelts, and park like settings, Paloma Del Sol is the perfect neighborhood to enjoy southern California outdoor living. The The Paloma Del Sol community aspires to bringing a higher quality of life to it's residents by giving them a community to enjoy and take pride in. With acres of open recreation area, picnic, tables, tennis courts, pools, and BBQ's throughout, this neighborhood is the perfect place to relax and enjoy time with family and friends. For all of those looking for fun, recreational, outdoor living, Paloma Del Sol is the place for you.

Miles of walking paths

Acres of open recreation area

Tennis court

Sand volleyball court

Basketball courts

5 pools

Tot lots

Temecula Valley Unified School District

Paloma Elementary School
42940 Via Rami
Temecula, CA 92592
Ph. 951-302-5165
Fax 951-302-5176
http://www.greatschools.org/california/temecula/4502-Paloma-Elementary-School/

Temecula Middle School
42075 Meadows Parkway
Temecula, CA 92592
Ph. 951-302-5151
Fax 951-302-5160
http://www.greatschools.org/california/temecula/4509-Temecula-Middle-School/

Temecula Valley High School
31555 Rancho Vista Road
Temecula, Ca 92592
Ph. 951-695-7300
Fax 951-695-7311
http://www.greatschools.org/california/temecula/4510-Temecula-Valley-High-School/


Home Owners Association:
Merit Property Management
Ph. 951-296-2272
Fax 951-296-2099
www.meritpm.com
38265 Calistoga Drive, Ste 200
Murrieta, CA 92563

 

Temecula....Time to come HOME:)

Specializing in the following areas:
Paloma Del Sol
Paseo Del Sol
Crowne Hill
Morgan Hill
The Villages
Vail
Santiago Estates
Reserve at Paseo Del Sol
and many more.

Services offered: (independently or through affiliates)
Real Estate
Escrow
Home Warranty
Mortgage Banking
Relocation
Home Staging and Organizing
Call me for anything Real Estate needs, I am at your service.
"People before Profit"

Check out my other postings for specific information on each area of specialty.

Christmas Around Temecula 2013

Holiday Lights and Festive Sights
Home Decorating Contest
Applications available: November 4
Deadline to Enter: Dec 4

Holiday Arts and Crafts Bazaar
Sat, Nov 9
9:00 am - 4:00 pm
Town Square Park
FREE

Family Fun Night
Holiday Craft Bonanza
Fri, Nov 22
6:30 - 8:00 pm
Community Recreation Center
$5/per person

Holiday Weekends in Old Town
Weekends Nov 29 - Dec 21
Old Town Temecula

Christmas Tree Lighting
Temecula Duck Pond
Thur, Dec 5
7:00 pm
Free


City of Temecula
Santa's Electric Light Parade
Friday, Dec 6
7:00 pm
Starting on corner of Del Rio and Jefferson and will travel southbound through Old Town.

Penny Pickles Winter Wonderland
Pennypickles Workshop
Fri, Dec 13
5:00 - 8:30 pm

Temecula's Star Spangled Salute to Veterans (Nov 11, 2013)

Join us on Veteran’s Day for a patriotic tribute to those who served our country with an evening of extraordinary music featuring the Inland Valley Symphony. Free hot dogs and lemonade to all those in attendance.
November 11, 2013, 5:30pm, Temecula Amphitheater

Temecula Summary

Temecula Summary


The median sales price for homes in Temecula CA for Jul 13 to Oct 13 was $362,500. This represents a decline of 0.7%, or $2,500, compared to the prior quarter and an increase of 24.6% compared to the prior year. Sales prices have appreciated 17.7% over the last 5 years in Temecula. The average listing price for Temecula homes for sale on Trulia was $565,468 for the week ending Oct 23, which represents an increase of 0.4%, or $2,507, compared to the prior week and a decline of 2.5%, or $14,737, compared to the week ending Oct 02. Average price per square foot for Temecula CA was $175, an increase of 30.6% compared to the same period last year.

Average Listing Price in Temecula

No. Bedrooms	Week ending Oct 23	w-o-w	Week ending Oct 16	Week ending Oct 9	Week ending Oct 2
1 bedroom	-	-	-	-	-
2 bedrooms	$313,496	-3.1%	$323,623	$308,764	$343,296
3 bedrooms	$397,031	-0.4%	$398,509	$410,452	$406,786
4 bedrooms	$536,396	-0.8%	$540,993	$540,503	$541,399
All properties	$565,468	+0.4%	$562,961	$567,276	$580,205

Median Sales Price in Temecula

No. Bedrooms	Jul - Oct '13	y-o-y	3 months prior	1 year prior	5 years prior
1 bedroom	-	-	-	-	-
2 bedrooms	$259,000	+49.5%	$245,500	$173,250	$199,250
3 bedrooms	$315,000	+27.5%	$310,000	$247,000	$239,500
4 bedrooms	$385,000	+24.2%	$387,000	$310,000	$325,000
All properties	$362,500	+24.6%	$365,000	$291,000	$308,000

Predictions For 2014 In Real Estate

When we first launched Real Estate Today nearly four years ago, the housing market was very different. Tough times, all around.
Many American homeowners suddenly found their jobs were gone. Others found the payments on their adjustable rate mortgages were going way up. And as we all know, many of those Americans lost their homes. But even those homeowners who hung on to their houses found their equity was quickly being eaten away by dropping home values.
Yes, tough times.
And the fact is that downturn caused some voices across the country to question the value of home ownership. Some said that the nation’s housing markets would never, ever be the same again and we’d be better off as a nation of renters, instead of home owners.

But as we’ve said on today’s show that was then and this is now. Things are much better in today’s market. Home prices are inching up. Sales are rebounding. And while foreclosure is still a problem, it’s much less of a problem than it was in early 2009. There’s a lot of positive news about housing all over the United States.
And you might have noticed the voices questioning homeownership? They’re pretty quiet these days. All it took is a return to ‘normal.’ And right now, we’re pretty close to a normal, healthy real estate market.
A market that appears to be stronger and more sustainable than it was a few years ago and one that will get even stronger over time.
So as we wrap up our look back over two hundred episodes of Real Estate Today, we want leave you with a big look forward as well.
And here’s the question: by the time we broadcast our 300th episode towards the end of 2014 where will the nation’s housing markets be then?
Let’s review what some housing economists are forecasting, and how it might affect you.
First, home prices …
We’ve made notable gains this year. And some economists are predicting prices to really take off by 2014, welcome news if you’re a home owner!
The NATIONAL ASSOCIATION OF REALTORS® predicts the time this year ends, prices of existing homes will have risen 6 percent. Next year, prices are expected to rise an additional 5 percent or so and then another 5 percent in 2014.
For some home owners who saw their values drop the last few years, that may just be the boost you need to see solid equity once again in your home.
OK, so home prices are on the rise how about sales? That’s important if you plan to sell in the next two years. Will you be able to?
By 2014, home sales are expected to grow by about 14 percent. That’s significant.
Demand is increasing as many believe that housing finally “hit bottom” this year and is on its way up.
How about mortgage rates?
Mortgage rates are at record-breaking lows. 30 year fixed-rate mortgages are in the three and a half percent range for the most qualified buyers. That’s quite a difference from 2009 when they averaged about 5 percent.
These low rates won’t stick around forever. The NATIONAL ASSOCIATION OF REALTORS® is forecasting 30 year rates to climb to 4.6 percent, within a couple of years.
So that’s one prediction that’s not so great. But, we never expected the ultra-low rates would stick around forever.
Another prediction involves short sales and foreclosures. Millions of people lost their homes over the last few years. In fact, in 2009, distressed properties accounted for nearly half of all home sales! But, that’s changing for the better.
The NAR projects that distressed sales will fall to about 25 percent of the market-share of sales this year. And by 2014, they’re expected to fall to about 8 percent. That will bode well for everyone in the housing market.
If all these predictions hold true, the next few years should be looking good, for most areas in the nation’s real estate markets.
And we couldn’t be happier to say that. Things are better now, than they were and they’re expected to get even better with every passing year. And that’s a story we’ll be following closely, right here on Real Estate Today.
So finally, let’s leave with a few last words about us.
As you know, Real Estate Today is presented by The NATIONAL ASSOCIATION OF REALTORS®. And we’re committed to bringing you the best possible real estate strategies, information and news every week.
We want to show the younger people how to get in the game. And we want to show the more experienced people techniques, tactics and opportunities that you might not know about.
And for all our listeners, we want you to know that the best way to approach any transaction is with a REALTOR® by your side. They’ll bring along the best in-depth market knowledge for the neighborhood where you want to buy, sell, and put down roots.
That’s why we’re here. For 200 shows we’ve had one goal: to help you thrive in todays and tomorrow’s real estate market. And that will always be our goal, every week, every year.
So from all of us here at Real Estate Today, whether you’ve heard one show, or all 200 – Thank you for listening. We appreciate it.

Courtesy of Real Estate Today

The Inland Empire Real Estate Market Warms Up

Prior to the collapse of the U.S. housing market in 2007-2008, there was a widespread belief among many mortgage lenders and borrowers that home prices would not fall sharply, even in overheated markets. It was assumed that homeowners would simply prefer to wait to sell their houses until the market recovered, rather than trying to unload their properties into a falling market. However, things turned out differently from what most people anticipated. The median home price in the Inland Empire − one of the epicenters of the housing crash in Southern California − dropped from $397,000 in the second quarter of 2006, to $165,000 in the second quarter of 2009, experiencing a 25.4 percent compound annual decrease (See Figure 1). The collapse of housing prices was also reflected in a sharp rise in notices of default starting in 2007, reaching a peak of nearly 30,000 units in the first quarter of 2009 (See Figure 2).

The Inland Empire’s housing market, however, has improved over the last three years. According to property records tracked by the real estate firm DataQuick, the Inland Empire saw the median home price rise at the end of 2012, after two years of precipitous decline, followed by four years of stagnation. The median price stood at nearly $210,000 in the fourth quarter of 2012, a 20 percent increase from a year earlier (See Figure 1). The median price increase indicates that the housing market might have turned the corner. “Most every gauge shows prices are up significantly over the past year, even after adjusting for changes in the types of homes selling,” DataQuick President John Walsh said to the Los Angeles Times.
As the economy and job growth have improved, the number of borrowers behind on mortgage payments has fallen dramatically by the end of 2012. Notices of default fell to 6,225 units, a 33.4 percent decrease from last quarter and 40.64 percent compound annual decrease from the peak in first quarter 2009 (See Figure 2).
“U.S. housing recoveries almost always have been ignited by rising demand from families and individuals looking for a place to live. This recovery is different,” wrote Nick Timiraos in the Wall Street Journal. Investors – including some big Wall Street players – have played a major role in recent home-price surges. Blackstone Group, a private equity titan, and other real-estate firms, strongly believe that home prices fell too far in the hardest-hit markets. They are mostly buying distressed properties at bargain prices, renovating them with the intention to rent them out for a short-term profit and/or holding on to them for a long-term price appreciation. Buying and fixing up probably the worst houses on the street and then turning them into quality and affordable homes is what they call “a new investment strategy.”
The decline in distressed properties – comprised of foreclosures and short sales – is another reason why the region’s median home price is up. Short sales, where homeowners who owe more than their property is worth convince the bank to agree to sell the property at a loss, constituted 28 percent of existing home sales at the end of 2012. Foreclosed properties accounted for nearly 30 percent of existing sales in the Inland Empire in 2012 compared with 94 percent in 2008 (See Figure 3). Banks in the state of California don’t have to get foreclosure approval from a judge, which makes the foreclosure process easier and faster in California than in other states. Thus, the foreclosure process has likely worked its way through the market in California. The pronounced drop in foreclosure rates reflects the fact that a large portion of foreclosures have made their way through the system.
If prices continue to rise, more homeowners will have an opportunity to escape their negative equity positions, which will allow them to sell their properties and potentially increase supply. “A meaningful rise in the supply of homes on the market should at least tame price appreciation,” Walsh said.
However, rising prices are likely to keep real estate in California out of reach for many buyers. According to the California Association of Realtors (C.A.R.), to qualify for a median-priced, $353,190 home, a homebuyer needs to earn no less than $66,940 a year. The monthly payment on that property comes out to $1,670, assuming a 20 percent down payment.
Homes are selling faster. The median number of days on the market for homes at the end of 2012 was 73, down from 99 days one year ago. Affluent domestic and international cash buyers – largely investors – are diving into the market to scoop up homes taking advantage of favorable home prices. Nationwide, 32 percent of homes are now sold to cash buyers. The continuation of record-low interest rates is also fueling the market. The rush of investors into the housing market is dictated by the fear of missing out on cheap homes. The Wall Street Journal reports that “Sellers are calling the shots right now,” said Carolyn Williams, a real-estate agent in Dana Point, California. “What’s out there is gobbled up with anywhere from five to 25 offers.”
The number of existing homes in the Inland Empire listed for sale in 2012 totaled 65,510, up 1.12 percent from a year earlier but still down 9.7 percent from 2009, leaving would-be buyers chasing a shrinking supply of homes (See Figure 4). Many homeowners, worried that prices have not yet improved sufficiently, are still reluctant to list their homes. This lowers the supply of existing homes on the market and drives prices up.
Unlike the existing home sales, sales of new homes in the Inland Empire remained low over the last two years, totaling 5,111 in 2012. This shows that home builders are not yet ready to expand new home sales. When the market declined, builder confidence also fell. New-home builders are sensitive to rising labor and material costs and a short supply of ready-to-build lots. They now take more time and consider all options before building, and are more careful to choose features that keep prices within reach of more home buyers.
At the beginning of 2013, the Consumer Financial Protection Bureau (CFPB) issued new mortgage rules, which will go into effect in January 2014. The rules force lenders to ensure that borrowers have the ability to pay back the loan. To qualify for a home mortgage, buyers must have a substantial down payment, good credit history, minimal debt, and a secure income. Such strict lending requirements are likely to lead to more stringent standards for mortgage borrowers.
The Inland Empire’s housing market has improved over the past three years. More and more people in the area can now afford to buy a median priced home. The only problem is that the inventory of housing is too low these days. “Sales would be even higher if inventory were less constrained in REO-dominated markets, particularly in the Central Valley and Inland Empire, where there is an extreme shortage of available homes,” said C.A.R’s President Le Francis Arnold.
The housing market will continue to recover in 2013. Most economists and real estate experts expect the U.S. prices to rise in 2013 due to strong investor demand, low interest rates, and shortages in home supply. As Le Francis Arnold writes, “Sales will be stronger in higher-priced areas, where there are more equity properties and a somewhat greater availability of homes for sale.”

Report Indicates Riverside Housing Market Increasing Through 2014

If you are curious about the Riverside housing market, thinking about selling your Riverside home, or looking to buy; Fannie Mae’s Economic & Strategic Research Group has some good news for you!

The Group report indicates a marked increase in consumer spending since 2010 and a “modest re-acceleration” is predicted for the rest of 2013 due to a stronger labor market and improving financial and housing market conditions. Growth of 2.2% in housing and market conditions for 2013 is further anticipated, which is good news for your Riverside home.

We have certainly seen many examples of increasing market conditions in our Riverside housing market. Just last week our client closed escrow on a short sale they wrote an offer on back in November. There were 27 offers on the property, after only a week on the market. These new homeowners are happy they stuck with the short sale, the listing agent said from the time they wrote their offer at the end of November, until now, the home value has increased by over $50,000!

According to Fannie Mae Chief Economist Doug Duncan, a sustainable pace is continuing in the housing market, and should “act as a tailwind for the economy throughout the year and into 2014.”

The Economic & Strategic Research Group cited continued increased home demand as a possible significant contributor to growth in 2014.
Duncan went on to state, “Our May forecast predicts that the second half of 2013 will be a little stronger than the first half, despite the slowdown during the past couple of months.”

As the housing market shifts, does it change how you feel about your home status currently?

Do these statistics spur you towards selling your home?

As a buyer, does this information cause you to feel that now is the best time to buy your home?

(Courtesy of The Graham Team)

The housing stat you need to watch

   

 

Play Video

Home ownership: Young Americans are not moving out

Tuesday, 5 Nov 2013 | 1:13 PM ET

 

Rising home prices, tight credit and weakening consumer confidence are not helping home ownership. CNBC's Diana Olick reports on the Q3 household formation statistics.

Home ownership is now at the lowest rate in 13 years, and it isn't moving much, despite the recovery in home prices. More disturbing, however, is the dramatic drop in household formation.
Household formation—when a person who lives with someone else (parents, roommates, etc.) moves into another housing unit on his or her own, creating a new household—has averaged around 1 million per year historically as the U.S. population grows. In the early part of this century, when housing was just beginning its boom, it jumped by nearly 2 million. In the third quarter of this year, just 380,000 new households were formed, according to the U.S. Census.

"The share of millennials living with their parents rose from 31.4 percent in 2012 Q3 to 31.6 percent in 2013 Q3, based on the raw Census data," noted Jed Kolko of Trulia, an online real estate company. "During the recession, many people doubled up with roommates or lived with relatives, including young adults who stayed in their parents' homes. Even now, years after the recession technically ended, young adults remain much more likely to live with their parents than before the recession."

That's because younger adults continue to experience weak job growth. They also have more trouble obtaining a mortgage than older adults.

Kolko estimated that there are 2.4 "missing households" today, that is, people who should be living on their own, either in rental or owner-occupied homes, but are not.

The irony is that the past few years have actually been prime time for home buying. Prices dropped dramatically and mortgage rates hit historic lows, but all-cash investors reaped most of the rewards.

"I think there is a lot of frustration, even rage, that regular home buyers were beat out by investors, that the people who really needed affordable housing were the ones who couldn't get it," said Glenn Kelman, CEO of Redfin, a real estate company.

"When housing went on sale and prices fell through the floor, it became almost impossible to buy a house, and where that became really acute was at the bottom."

The big gains in home prices now, however, could turn that around. Some investors who had originally planned to hold their properties for rent, are too enticed by the potential gains and are selling some of their homes. That would add much-needed inventory to this very tight market and new options for more buyers.
By CNBC's Diana Olick





 

Lt. Dan Band Benefit Concert with Gary Sinise

November 2 @ 7:00 pm - 10:00 pm


Building for America’s Bravest Program Benefit Concert for Catastrophically Injured Veterans featuring Gary Sinise’s Lt. Dan Band
Presented by the Gary Sinise Foundation and the Tunnel to Towers Foundation
The “Building For America’s Bravest” Program, a joint project established in 2011 by the Stephen Siller Tunnel to Towers and the Gary Sinise Foundation to assist America’s most seriously wounded veterans, will award Temecula the “Community Patriotism Award” for its outstanding support for veterans and their families at the benefit concert on November 2, 2013.
The City of Temecula will be honored for their broad commitment to and involvement with wounded veterans during a presentation to Mayor Michael S. Naggar at the Gary Sinise and The Lt. Dan Band benefit concert at 7pm on SAT, NOV 2, 2013 at Town Square Park. Proceeds will go to building additional “Smart Homes” for severely wounded veterans similar to the one for USMC Corporal Juan Dominguez and his family that was completed here last year. Juan is a triple amputee from wounds suffered in Afghanistan. The concert was originally planned to benefit the construction of a “smart home” for Army Staff Sergeant Matt Lammers but his circumstances have changed and that project has been put on hold pending a decision on location of his new home.
“The support that Juan and his family have received from this community is the model of what the Building for America’s Bravest Program has set out to do,” said Gary Sinise. “It’s so much more than coming in, building the home, and leaving. Community support and acceptance of these brave heroes is vital to their reclaiming their lives after serious and debilitating injuries. Temecula has done that for Juan and America and our Foundations are grateful.”
Chairman Frank Siller of the Stephen Siller Tunnel to Towers Foundation added, “When Gary’s foundation and ours partnered on our ‘Building for America’s Bravest’ Program two years ago, we knew we would meet wonderful people who could support members of our military who have sacrificed so much for us. The people of Temecula have set the standard for how communities across America can embrace and connect to our most seriously wounded military heroes.”
On November 2nd, Gary Sinise and the Lt. Dan Band will once again take center stage and hold a benefit concert on the steps of Temecula’s Civic Center to assist in raising funds in building this “smart home” for one of America’s Bravest.
Tickets are available at the Old Town Temecula Community Theater Ticket Office, located at 42051 Main Street, Temecula 92590, or by calling 1.866.OLD.TOWN (1.866.653.8696).
PERFORMANCE: Saturday, November 2, 2013 at 7pm ***RAIN OR SHINE***
VENUE: Town Square Park at the Civic Center in Old Town Temecula 41000 Main Street, Temecula, 92590
***THIS IS A NO SMOKING VENUE*** (in compliance with City of Temecula Parks & Recreation ordinances)
***NO FOOD & DRINK/ALCOHOL/DRUGS ALLOWED INSIDE GATES*** (on-site Vendors will be selling food and alcohol)
TICKETS: $150 VIP Orchestra $75 Orchestra $45 Front Terrance $35 Rear Terrace
***ALL SALES ARE FINAL — NO REFUNDS, NO EXCHANGES***
Monetary donations will be accepted through the Tunnel to Towers Foundation (718) 987-1931 or the Gary Sinise Foundation. Donations made through these Foundations, 501(c)3 foundations, are 100% tax deductible